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To: Bucky Katt who wrote (4794)	3/16/2001 5:29:12 PM
From: Silver_Bullet	Respond to of 48461

I find a run after a fed cut hard to believe. Everyone want's a 75 point cut and I don't see the data behind such a move by the fed. So if they give us 50 or 25 which I believe could happen then the market tanks. Anyway, I find if very hard for a sustainable rally to happen. We no sooner get one rate cut and we are looking for then next. At some point the fed runs out of rate cuts and at the current rate sooner rather than latter :-). To rally the market has to find some other reason to buy than the rate cut only. It's just way too thin of a reason to buy, it doesn't hold any water in my mind. Now it is possible that we see a rally as you are positioning for but IMHO it will be very short lived and not as explosive as the suprise cut. FT EDIT: We are way past the point of anything but fundamentals being the reason to hold a stock...LOL

To: Bucky Katt who wrote (4794)	3/16/2001 5:53:36 PM
From: tsigprofit	Respond to of 48461

ATMS - yes, that was nice today. I don't have any index calls for next week, but I've been adding to my favorite Nasdaq fund on steroids - UOPIX. It provides 2X Nasdaq leverage. I can buy it in my IRA. It's from Profunds, and of course it's way down from the peak when Naz was at 5000+. It's not for the faint of heart. If we see Naz 1500 it will be down quite a bit..but I can add more ;-) I'm playing it more for a bounce back eventually to 2500-3000. That may take some time..but I can wait. Have a good weekend, and good luck with your calls next week...

To: Bucky Katt who wrote (4794)	3/16/2001 8:28:14 PM
From: sparky	Read Replies (1) \| Respond to of 48461

You recently mentioned LEON and PLXS medical stocks. On March 14th LEON finalized acquisition of another of your old rats TRGA. Would appreciate your opinion of LEON as a result of that acquisition. I note LEON down 3% today to 23.75. As always, really appreciate your input and comments.